I don't feel the article would have any impact on the business or stock price of the company.I took a CPA Test Preparation course in NYC and years later took a Kaplan LSAT Test Preparation course. The 1st day of the CPA Test Prep course, the teacher (a practicing CPA in NY) told us his job is to prepare us to pass the test, not to teach us accounting (that's what the 4 years of college is for). We basically practice by doing old tests, learning to recognize the types of problem so as to not to lose time. For the LSAT test prep course, it's the same process. What New Oriental is doing is no different from the Test Prep schools (such as Kaplan) in the U.S.A.The point about someone else writing your college essay. This is a problem with students in the USA too. How many American students ask their parents, friends, teachers to help "review" their esseys. The only way to address the problem would be for ALL accepted applicants to go to the school and write a second essay as final determination. So far, I am making money on this stock. New Oriental should continue doing what they are good at.
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